consumer debt

noun

: a debt from buying something at a store
Most of his debts are consumer debts.

Examples of consumer debt in a Sentence

Recent Examples on the Web
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The ratio of disposable income that consumers spend on servicing consumer debt is still below pre-pandemic levels thanks to a period of low interest rates and strong income growth from sources outside of wages, such as corporate dividends, interest payments and Social Security. Dryden Pence, Forbes.com, 5 May 2025 Economic Strength - Equitas Capital Advisors, LLC show consumer debt, unemployment, and other measures are normalizing from historic lows after all the government stimulus spending in the wake of COVID. David Thomas, Forbes, 16 Oct. 2024 The independent agency, created after the 2008 financial meltdown, protects Americans from financial abuses and has regulatory authority over many types of products and services, including bank accounts, consumer debt collection, credit cards, credit reporting and loan servicing. Jade Walker, CNN Money, 18 Apr. 2025 Factors such as global trade tensions, consumer debt levels and geopolitical events contribute to economic uncertainty. Faisal Kutty, Newsweek, 12 Mar. 2025 See All Example Sentences for consumer debt

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Cite this Entry

“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 24 May. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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